MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0020292
Ideal Real Estates Private Limited - real estate and construction in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹218.89 Cr
▲ 26% YoY
Net profit · FY 2024
₹7.89 Cr
Net margin 3.6%
EBITDA · FY 2024
₹74.88 Cr
EBITDA margin 34.2%
Authorised capital
₹8.05 Cr
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1,481.38 Cr
Satisfied ₹1,612.54 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
25
Provident fund records
About Ideal Real Estates Private Limited
Data last updated:
Ideal Real Estates Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1988PTC045347. Its GSTIN is 19AAACD9025H1ZN (West Bengal).
The company has an authorised share capital of ₹8.05 Cr and a paid-up capital of ₹20 Lakh. It was formerly known as Dolly Constructions Private Limited. It is led by directors Nakul Himatsingka and Anuj Tulsyan.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹218.89 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹7.89 Cr (net margin 3.6%) and EBITDA of ₹74.88 Cr (EBITDA margin 34.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ideal. As per MCA filings, the company has open charges of ₹1,481.38 Cr and satisfied charges of ₹1,612.54 Cr on record. Court records list 132 cases involving the company, including 31 filed by the company and 101 filed against it; 45 cases are pending. The company has 12 deals on record (6 debt financings, 5 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Cr; the latest was in March 2017. The company has 4 MSME Form 1 returns on record between 2017 and 2020, listing 49 overdue payments to 7 micro and small suppliers.
Ideal Real Estates Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0020292). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ideal.in.
Company details
CIN U70101WB1988PTC045347
Registration Number 045347
Incorporation Date 07 October 1988
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0020292
Key People
Nakul Himatsingka Director Anuj Tulsyan Director Recognitions & Rankings of Ideal Real Estates
Contact details
Ideal Real Estates Private Limited's registered office is in Kolkata, West Bengal. Its website is ideal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address50 J L Nehru Road, 11th Floor, Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ideal Real Estates Private Limited, buy the company report.
Comprehensive company report
Ideal Real Estates Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Ideal Real Estates is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Ideal Real Estates Private Limited, buy the company report.
Financials of Ideal Real Estates Private Limited
FY 2024 filings availableIdeal Real Estates Private Limited reported revenue of ₹218.89 Cr (up 26% YoY) for FY 2024.
Revenue · FY 2024
₹218.89 Cr ▲ 26%
Net profit · FY 2024
₹7.89 Cr margin 3.6%
EBITDA · FY 2024
₹74.88 Cr margin 34.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 2%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 18%
5 years · compounded
▼ 10%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 26% growth in the latest year. EBITDA fell 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹74.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.89 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ideal Real Estates Private Limited, buy the company report.
Board of directors of Ideal Real Estates Private Limited
Ideal Real Estates has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nakul Himatsingka Also directs: Ideal Aurum Nirman LLP, Himatsingka Infrastructure Private Limited, Exult Realty Private Limited and 5 more | Director | 11 Nov 1998 | 27 Years 11 Months | Current |
| Anuj Tulsyan Also directs: Ideal Aurum Nirman LLP, Himatsingka Infrastructure Private Limited, Ideal Movers Private Limited and 5 more | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Ideal Real Estates Private Limited is audited by R. KOTHARI & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. KOTHARI & COMPANY | FY 2023 | 307069E/E300266 |
Shareholding
The shareholding of Ideal Real Estates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Real Estates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1,481.38 Cr
Satisfied charges
₹1,612.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2021 | 100481508 | Idbi Trusteeship Services Limited | ₹2.89 Cr | Open | |
| 13 Jan 2020 | 100320048 | Idbi Trusteeship Services Limited | ₹25 Cr | Open | |
| 05 Feb 2019 | 100252245 | Yes Bank Limited | ₹360 Cr | Open | |
| 04 Dec 2018 | 100233946 | Yes Bank Limited | ₹650.61 Cr | Open | |
| 22 Nov 2018 | 100223807 | Others | ₹50 Cr | Open |
To see the full charge records of Ideal Real Estates Private Limited, buy the company report.
Total charge records: 70 View all charges
Deals & funding
Ideal Real Estates Private Limited has 12 deals on record (6 debt financings, 5 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Cr; the latest was in March 2017.
Total deals
12
Debt financings
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹85 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Debt financing | ₹7 Cr | Investors: Piramal Structured Finance |
| Mar 2017 | Debt financing | ₹5 Cr | Investors: Piramal Structured Finance |
| Sep 2016 | Debt financing | ₹5 Cr | Investors: Piramal Structured Finance |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Ideal Niwas Private Limited , Ideal Infracon Private Limited , Ideal Carriers & Logistics Private Limited , an individual Seller: Srawan Kumar Himatsingka - HUF, Nakul Himatsingka HUF, 2 individuals |
| Mar 2010 | Funding round | ₹5 Cr | Investors: Ideal Carriers & Logistics Private Limited , Ideal Infracon Private Limited , Ideal Devcon Private Limited |
To see the full deal history of Ideal Real Estates Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ideal Real Estates Private Limited has 132 court cases on record: 31 filed by Ideal Real Estates, 101 filed against it. 45 cases are pending and 87 are disposed.
Total cases
132
Filed by the company
31
Filed against the company
101
Pending
45
Disposed
87
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 64 | 31 |
| High courts | 30 | 13 | 9 |
| NCLT | 14 | 13 | 0 |
| NCLAT | 11 | 7 | 4 |
| Supreme Court | 5 | 4 | 1 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Yes Bank Limited | Pending |
| Calcutta High Court | Court case (EC-COM) | Filed against the company by Mittal Technopack Private Limited | Pending |
| Gauhati High Court | Court case (CRP(IO)) | Filed against the company by Mittal Technopack Private Limited | Pending |
| District court, Kamrup Metro, Assam | Court case (Money Execution(arbitration)) | Filed against the company by Mittal Technopack Private Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Mittal Technopack Private Limited | Pending |
To see the full case history of Ideal Real Estates Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ideal Real Estates Private Limited has 4 MSME Form 1 returns on record between 2017 and 2020, listing 49 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Armatix (India)Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Opto Marketing Co Pvt Ltd | |||
| Akj Engineers Private Limited |
To see the full MSME payment records of Ideal Real Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ideal Real Estates Private Limited has a workforce of 25 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
-37.5%
GST
Ideal Real Estates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACD9025H1ZN | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ideal Real Estates Private Limited, buy the company report.
Recent activity
Ideal Real Estates Private Limited has 5 board changes on record since 1998: 2 appointments and 3 cessations. The latest: Srawan Kumar Himatsingka ceased to be Director on 02 Nov 2023.
Charges
A charge registered on 06 Feb 2024 via Charge ID 100897910 with Others was fully satisfied on 13 Jan 2025.
Charges
A charge registered on 06 Feb 2024 via Charge ID 100897906 with Others was fully satisfied on 13 Jan 2025.
Charges
A charge registered on 04 Oct 2023 via Charge ID 100819237 with Others was fully satisfied on 13 Jan 2025.
Charges
A charge registered on 07 Aug 2023 via Charge ID 100780327 with Others was fully satisfied on 13 Jan 2025.
AGM
Ideal Real Estates Private Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.
Charges
A charge registered on 06 Feb 2024 via Charge ID 100897913 with Others was fully satisfied on 11 Jul 2024.
Charges
A charge registered on 04 Oct 2023 via Charge ID 100818413 with Others was fully satisfied on 11 Jul 2024.
Charges
A charge registered on 07 Aug 2023 via Charge ID 100778901 with Others was fully satisfied on 11 Jul 2024.
Filing
Ideal Real Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Others amounted to Rs. 1.17 Cr with Charge ID 100897913 was registered on 06 Feb 2024.
Charges
A charge with Others amounted to Rs. 1.02 Cr with Charge ID 100897910 was registered on 06 Feb 2024.
Charges
A charge with Others amounted to Rs. 1.17 Cr with Charge ID 100897906 was registered on 06 Feb 2024.
142 earlier events are in the company report.
News
Frequently asked questions
Ideal Real Estates is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 October 1988 (38+ years old) and is registered under CIN U70101WB1988PTC045347.
Ideal Real Estates has 2 current directors:
- Nakul Himatsingka - Director
- Anuj Tulsyan - Director
The latest financial statements of Ideal Real Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ideal Real Estates is 19AAACD9025H1ZN, registered in West Bengal.
The CIN (Corporate Identification Number) of Ideal Real Estates is U70101WB1988PTC045347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Real Estates has 132 court cases on record: 31 filed by the company and 101 filed against it. 45 are pending. Most are in the district courts.
Ideal Real Estates was incorporated on 07 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
Ideal Real Estates has 12 deals on record (6 debt financings, 5 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Cr; the latest was in March 2017.
Srawan Kumar Himatsingka ceased to be Director on 02 Nov 2023. Nishith Jhunjhunwala ceased to be Director on 06 Mar 2022. Anuj Tulsyan ceased to be Additional Director on 30 Sep 2015. Ideal Real Estates has 5 board changes on record in total.
Yes, Ideal Real Estates is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0020292).
Ideal Real Estates has 4 MSME Form 1 returns on record between 2017 and 2020, listing 49 overdue payments to 7 micro and small suppliers. The latest return was filed on 26 Jan 2021.